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OpenAI cuts fundraising target to $20 billion in ongoing round

The AI lab adjusts its capital-raising goal downward; the round remains open and figures may shift.

Summarized from CNBC Technology, . 15-second read.

OpenAI has reduced the amount it is seeking to raise in its current funding round to $20 billion, according to reporting from CNBC. The round is still in progress and has not yet closed, meaning the final figures could change as discussions with investors continue. The adjustment reflects potential shifts in investor interest or OpenAI's strategic capital needs.

Read the full story at CNBC Technology

This is an AI-written summary. The original reporting belongs to CNBC Technology. How we write these · Spot a mistake?

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